On the one hand, Iceland is the happiest country in the world, with a world-class health, educational, and social safety net system. On the other hand, they were just robbed blind by the Banksters – the direct result of privatization and deregulation. First around 2000 the national-owned banks were deregulated and privatized. Then the private [...]
Posts Tagged ‘banks’
Posted in 
Tags: 
Jim Rogers: While Bernanke is Causing Deforestation, Other Central Banks are Doing Much Better Jobs to Save the Economy
June 30th, 2010 
Elisheva Wiriaatmadja Jim Rogers never thought highly of the Federal Reserve and the Chairman Bernanke. The problems that the United States are now experiencing is caused by too much debt and also consumption. The way to solve the problems is definitely not by taking up even more debt and consume more. That is what Bernanke and the [...]
